식물 추출물 시장 기회, 성장요인, 업계 동향 분석 및 예측(2025-2034년)

The Global Botanical Extracts Market was valued at USD 30 billion in 2024 and is estimated to grow at a CAGR of 8% to reach USD 64.6 billion by 2034.

Market expansion is driven by the increasing consumer inclination toward natural and plant-derived ingredients. Growing awareness about the health impacts of synthetic additives has encouraged the use of botanical extracts, which serve as natural flavoring agents and antioxidants with therapeutic advantages across food, beverages, cosmetics, and dietary supplements. These extracts, sourced from plants, play an essential role in promoting overall health and wellness through their pharmacological activity. In the personal care industry, they are widely incorporated for their anti-aging, anti-inflammatory, and skin-calming benefits, aligning with the growing demand for natural skincare formulations. Furthermore, their applications span herbal medicine, pharmaceuticals, and nutraceuticals, contributing to enhanced immunity, digestive health, and overall vitality. Botanical extracts are also integral to functional foods and traditional medicines, making them one of the most versatile natural ingredients. The continuous innovation in formulations, along with the global shift toward clean-label and sustainable products, is expected to further elevate the role of botanical extracts in multiple industries.

The herbs and medicinal plants segment held a 28.3% share in 2024 and is anticipated to grow at a CAGR of 8.4% through 2034. This segment maintains its dominance due to centuries of traditional use and increasing validation through scientific studies and regulatory endorsements. These plants continue to gain traction among consumers seeking holistic wellness and naturally derived therapeutic benefits.

The supercritical fluid extraction segment will grow at a 7.8% CAGR through 2034. This advanced extraction process enables the production of premium-quality extracts without solvent residues and provides precise control over purity and concentration. Its efficiency and eco-friendly nature make it the preferred technology for high-value applications, particularly in pharmaceuticals and luxury cosmetics.

North America Botanical Extracts Market accounted for 34.8% share in 2024 and is expected to maintain an 8.2% CAGR through 2034. The U.S. dominated the regional market with a valuation of USD 8.1 billion in 2024. The region's growth is primarily driven by rising consumer awareness regarding natural, organic, and sustainable products. Health-conscious consumers are increasingly turning to herbal supplements and functional foods enriched with botanical ingredients. Strong regulatory frameworks, coupled with technological advancements in extraction and processing, are further promoting market expansion in North America.

Leading players operating in the Global Botanical Extracts Market include Synthite Industries, Givaudan SA, Kerry Group plc, Nexira, Arjuna Natural, Sensient Technologies, Sabinsa Corporation, IFF, Blue Sky Botanics, Martin Bauer Group, Kalsec Inc., Ransom Naturals, Dohler GmbH, Symrise AG, and Indena S.p.A. Key players in the Global Botanical Extracts Market are focusing on innovation, capacity expansion, and strategic partnerships to strengthen their market footprint. Companies are investing in advanced extraction technologies to enhance the yield, purity, and sustainability of botanical compounds. Many are expanding their product portfolios by developing standardized and application-specific extracts for food, cosmetics, and nutraceutical sectors. Collaborations with research institutions and raw material suppliers are helping improve traceability and quality control. Additionally, market leaders are adopting eco-friendly processing methods and clean-label certifications to appeal to environmentally conscious consumers, ensuring stronger brand differentiation and global competitiveness.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope and definition
• 1.2 Research design
  • 1.2.1 Research approach
  • 1.2.2 Data collection methods
• 1.3 Data mining sources
  • 1.3.1 Global
  • 1.3.2 Regional/Country
• 1.4 Base estimates and calculations
  • 1.4.1 Base year calculation
  • 1.4.2 Key trends for market estimation
• 1.5 Primary research and validation
  • 1.5.1 Primary sources
• 1.6 Forecast model
• 1.7 Research assumptions and limitations

Chapter 2 Executive Summary

• 2.1 Industry 360° synopsis
• 2.2 Key market trends
  • 2.2.1 Regional
  • 2.2.2 Sources
  • 2.2.3 Extraction technology
  • 2.2.4 Form
  • 2.2.5 End use industry
• 2.3 TAM Analysis, 2025-2034
• 2.4 CXO perspectives: Strategic imperatives
  • 2.4.1 Executive decision points
  • 2.4.2 Critical success factors
• 2.5 Future outlook and strategic recommendations

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Supplier landscape
  • 3.1.2 Profit margin
  • 3.1.3 Value addition at each stage
  • 3.1.4 Factor affecting the value chain
  • 3.1.5 Disruptions
• 3.2 Industry impact forces
  • 3.2.1 Growth drivers
  • 3.2.2 Industry pitfalls and challenges
  • 3.2.3 Market opportunities
• 3.3 Growth potential analysis
• 3.4 Regulatory landscape
  • 3.4.1 North America
  • 3.4.2 Europe
  • 3.4.3 Asia Pacific
  • 3.4.4 Latin America
  • 3.4.5 Middle East & Africa
• 3.5 Porter's analysis
• 3.6 PESTEL analysis
• 3.7 Price trends
  • 3.7.1 By region
  • 3.7.2 By source
• 3.8 Future market trends
• 3.9 Technology and Innovation landscape
  • 3.9.1 Current technological trends
  • 3.9.2 Emerging technologies
• 3.10 Patent Landscape
• 3.11 Trade statistics (HS code)(Note: the trade statistics will be provided for key countries only)
  • 3.11.1 Major importing countries
  • 3.11.2 Major exporting countries
• 3.12 Sustainability and environmental aspects
  • 3.12.1 Sustainable practices
  • 3.12.2 Waste reduction strategies
  • 3.12.3 Energy efficiency in production
  • 3.12.4 Eco-friendly initiatives
• 3.13 Carbon footprint consideration

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
  • 4.2.1 By region
    • 4.2.1.1 North America
    • 4.2.1.2 Europe
    • 4.2.1.3 Asia Pacific
    • 4.2.1.4 LATAM
    • 4.2.1.5 MEA
• 4.3 Company matrix analysis
• 4.4 Competitive analysis of major market players
• 4.5 Competitive positioning matrix
• 4.6 Key developments
  • 4.6.1 Mergers & acquisitions
  • 4.6.2 Partnerships & collaborations
  • 4.6.3 New Product Launches
  • 4.6.4 Expansion Plans

Chapter 5 Market Estimates and Forecast, By Source, 2021-2034 (USD Billion & Kilo Tons)

• 5.1 Key trends
• 5.2 Spices & seasonings
  • 5.2.1 Capsicum & pepper extracts
  • 5.2.2 Ginger & turmeric extracts
  • 5.2.3 Other spice extracts
• 5.3 Herbs & medicinal plants
  • 5.3.1 Adaptogenic herbs (ashwagandha, ginseng)
  • 5.3.2 Traditional medicinal herbs
  • 5.3.3 Culinary & aromatic herbs
• 5.4 Fruits & berries
  • 5.4.1 Antioxidant-rich berry extracts
  • 5.4.2 Citrus fruit extracts
  • 5.4.3 Tropical & exotic fruit extracts
• 5.5 Flowers & petals
  • 5.5.1 Rose & floral extracts
  • 5.5.2 Chamomile & calendula extracts
  • 5.5.3 Other flower extracts
• 5.6 Tea & coffee plants
  • 5.6.1 Green tea & black tea extracts
  • 5.6.2 Coffee cherry & bean extracts
  • 5.6.3 Specialty tea extracts
• 5.7 Leaves & foliage
  • 5.7.1 Aloe vera & succulent extracts
  • 5.7.2 Mint & aromatic leaf extracts
  • 5.7.3 Other leaf extracts
• 5.8 Roots & rhizomes
  • 5.8.1 Ginseng & adaptogenic root extracts
  • 5.8.2 Turmeric & ginger root extracts
  • 5.8.3 Other root & rhizome extracts
• 5.9 Marine & algae
  • 5.9.1 Spirulina & chlorella extracts
  • 5.9.2 Seaweed & kelp extracts
  • 5.9.3 Other marine plant extracts

Chapter 6 Market Estimates and Forecast, By Extraction Technology, 2021-2034 (USD Billion & Kilo Tons)

• 6.1 Key trends
• 6.2 Traditional extraction methods
• 6.3 Supercritical fluid extraction
• 6.4 Advanced solvent extraction
• 6.5 Green extraction technologies
• 6.6 Mechanical extraction methods

Chapter 7 Market Estimates and Forecast, By Form, 2021-2034 (USD Billion & Kilo Tons)

• 7.1 Key trend
• 7.2 Dry powders
• 7.3 Liquid extracts
• 7.4 Soft extracts
• 7.5 Encapsulated forms
• 7.6 Oil-based extracts

Chapter 8 Market Estimates and Forecast, By End Use Industry, 2021-2034 (USD Billion & Kilo Tons)

• 8.1 Key trends
• 8.2 Nutraceuticals & dietary supplements
  • 8.2.1 Capsules & tablets
  • 8.2.2 Functional ingredient applications
  • 8.2.3 Sports nutrition products
• 8.3 Functional foods & beverages
  • 8.3.1 Fortified foods
  • 8.3.2 Health & energy drinks
  • 8.3.3 Functional snacks & bars
• 8.4 Pharmaceuticals & herbal medicine
  • 8.4.1 Active pharmaceutical ingredients
  • 8.4.2 Pharmaceutical excipients
  • 8.4.3 Traditional & herbal medicine
• 8.5 Cosmetics & personal care
  • 8.5.1 Skincare products
  • 8.5.2 Haircare applications
  • 8.5.3 Color cosmetics & fragrances
• 8.6 Food processing & preservation
  • 8.6.1 Natural preservatives
  • 8.6.2 Flavor enhancers
  • 8.6.3 Natural colorants
• 8.7 Animal feed & pet nutrition
  • 8.7.1 Livestock feed additives
  • 8.7.2 Pet supplements
  • 8.7.3 Veterinary applications
• 8.8 Industrial applications
  • 8.8.1 Fragrances & aromatherapy
  • 8.8.2 Cleaning products
  • 8.8.3 Other industrial uses
• 8.9 Others

Chapter 9 Market Estimates and Forecast, By Region, 2021-2034 (USD Billion & Kilo Tons)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 France
  • 9.3.4 Spain
  • 9.3.5 Italy
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 India
  • 9.4.3 Japan
  • 9.4.4 Australia
  • 9.4.5 South Korea
  • 9.4.6 Rest of Asia Pacific
• 9.5 Latin America
  • 9.5.1 Brazil
  • 9.5.2 Mexico
  • 9.5.3 Argentina
  • 9.5.4 Rest of Latin America
• 9.6 Middle East and Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 South Africa
  • 9.6.3 UAE
  • 9.6.4 Rest of Middle East and Africa

Chapter 10 Company Profiles

• 10.1 Arjuna Natural
• 10.2 Blue Sky Botanics
• 10.3 Dohler GmbH
• 10.4 Givaudan SA
• 10.5 IFF
• 10.6 Indena S.p.A.
• 10.7 Kalsec Inc.
• 10.8 Kerry Group plc
• 10.9 Martin Bauer Group
• 10.10 Nexira
• 10.11 Ransom Naturals
• 10.12 Sabinsa Corporation
• 10.13 Sensient Technologies
• 10.14 Symrise AG
• 10.15 Synthite Industries